TA Realty and its data center development arm, TA Digital Group, have completed the sale of two hyperscale data center buildings totaling 745,000 square feet and 165MW of IT load capacity in Leesburg, Virginia. The facilities mark its first two completed and fully leased buildings within a planned five-building, 450MW hyperscale campus designed for a single hyperscale cloud tenant.
“This sale is a significant milestone for TA Realty and TADG,” commented Allison O’Rourke, Partner at TA Realty. “It reflects our strategy of developing build-to-suit facilities for hyperscale customers in Tier 1 U.S. markets and monetizing assets upon stabilization. Northern Virginia is the premier global data center market, and the completion and sale of these initial buildings demonstrates the strength of our development and execution capabilities.”
Located in the heart of Loudoun County’s “Data Center Alley,” this sale reflects TA Realty’s execution of a build-to-suit hyperscale campus in Northern Virginia, the world’s largest data center market. The Leesburg campus has been purpose-built to meet the increasing demand from hyperscale cloud operators for scalable power and connectivity in a Tier 1 market.
In addition to its core development work, TA Realty’s ability to deliver a project of this scale reflects deep coordination with local utilities and regional infrastructure partners. “Being able to assemble the land to support a development of this scale, which also included partnering with some of the local utilities to add additional infrastructure that will not only support this project but provide for growth in the surrounding area, is also part of our strategy in these Tier 1 markets,” said Tim Shaheen, Partner at TA Realty and Chief Development Officer at TADG. “The scale of this campus enabled the delivery of two independent substations to support grid power, providing a level of redundancy and capacity that is increasingly difficult to achieve in core markets.”
TA Realty has established a scaled data center platform that includes more than 12 projects owned or controlled across its investment vehicles, representing nearly 3GW of power capacity. Based in Ashburn, Virginia, the center of global interconnectivity, TA Digital Group oversees development and construction activity across the platform. Alongside its Northern Virginia portfolio, the company’s data center assets also include strategic developments in Chicago and Atlanta, with plans for continued expansion.
As data-heavy workloads and AI-driven infrastructure continue to shape hyperscale demand, TA Realty’s latest sale highlights the firm’s disciplined approach to value creation: designing, developing, and stabilizing mission-critical campuses that contribute to the strength and scalability of the nation’s digital backbone.
